Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$359,518	$359,518	$391,500
Remaining term (yrs)	27.0	27.0	30.0
Secondary amount	$0	$31,982	$0
Funding fee	$0	$0	$0
Note rate	6.960%	6.960%	7.400%
Blended rate	7.510%	7.632%	7.640%
1st payment	$2,460.88	$2,460.88	$2,710.67
2nd payment	$0.00	$239.86	$0.00
Taxes / mo	$377.08	$377.08	$377.08
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$170.22	$170.22	$78.30
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$3,158.18	$3,398.04	$3,316.05
Cash to close	$75,482	$43,500	$43,500